Audits of operational procedures

Audits of operational procedures

The external audit processes in an enterprise is the most objective and independent assessment of the enterprise in the real processes taking place there in terms of efficiency, legality, economic prudence, expediency, reliability. It is a tool which supports the Board or the owners in making strategic decisions in the process of risk management, the choice of limiting and determining the level of acceptable risk.

 

Depending on the size, organizational structure and the willingness of the Board it may include:

  • analysis of key business processes,
  • analysis of business secondary side processes,
  • analysis of the risks of external fraud (robbery, theft, burglary, physical and computer),
  • analysis of risks, internal fraud (theft, falsifying documents, etc.),
  • analysis of risks related to employment ,(principles, discrimination, workplace safety, employee documentation, compliance with the mandatory rules of law),
  • analysis of the risks of "bad business practice",
  • analysis of the risks of the assets destruction (vandalism, terrorism, unexpected events),
  • analysis of the risks of loss of continuity of work,
  • analysis of the risks associated with companies' management, 
  • analysis of environment relations risks (loss of reputation, lawsuits, press releases) 
  • analysis of staff risks (staff operations to the detriment of the company),
  • analysis of documentary risks (access and certain storage of documents, the correctness of documenting events).